Current Issues

Woodland Tax Assessment Bill (SB17) Passes Senate.
January 22, 2008

In October 2007, the governor signed into law SB17 that included language to create the Conservation Stewardship Program. This provides reduced valuation for property taxes to landowners who are willing to commit to maintaining and managing unimproved land. Prairies, wetlands and other grasslands are included. Forest land included as part of a farm or enrolled in the state's Forestry Development Act program (IFDA)are already receiving the lowest possible (agricultural) tax assessment . Tree Farmers are engaged in growing wood products while providing other environmental and wildlife habit needs and should fall under this category. However, Tree Farmers should consider enrolling other non-forest habitat into this new program for additional tax advantages. Further information can be obtained throught the IDNR website: http://dnr.state.il.us/Stewardship/index.htm or by calling 217/785-5506

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